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That prospect, he told stock analysts earlier this month, is helping drive electricity prices down now.
Both have previously built and deployed satellite-cooling systems, and both now plan to use free-piston engines to drive electricity generators.From a user's point of view the Stirling approach has two advantages.
In Australia, peak demand days can drive electricity usage to almost double and upgrading infrastructure to meet the increased demand can cost more than four times what each additional air-conditioning unit costs.
Renewable energy expansion could also drive electricity exports to Europe, but in integrated power market schemes, such exports only become viable with a very high share of renewable energy exceeding 60% of the North African power demand.
It is tempting to think that, if you make generators pay for the emissions they produce, it will drive electricity prices up, but if you give allowances away for free, it won't.
Critics of Obama's climate agenda, which naturally includes deep-pocketed fossil fuel interests, have vowed to file legal challenges to measures they say would effectively strangle their livelihoods and drive electricity costs skyward.
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The flue gases are cooled in heat exchangers, producing steam to drive electricity-generating turbines.The gases are then passed to a cleaning system that filters fine particles from the flow and scrubs the gas to remove sulphur dioxide, acids and heavy metals.
Today, most of that gas is burned, either for heating homes or to drive electricity-generating turbines.
But they said the contracts helped break the spiral that had driven electricity prices to record heights.
Rising demand and the lack of Indian Point production contributed to a regional power shortage, and that, as well as the deregulation of power markets at the same time, drove electricity prices to record highs.
Speaking to Guardian Australia from Mumbai, Goenka said the circumstances around coal-driven electricity in India meant it would remain out of touch for the "300 million so-called poor Indians who the Australian politicians seem to be really worried about".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com